Eurex ramps up clearing bid with fee waiver

Eurex Clearing announced on Monday that it will waive booking fees for OTC interest rate derivatives portfolio switches from LCH until the end of 2019.

By GlobalCapital

09 Sep 2019

The offering marks an acceleration in the Frankfurt-based clearing house’s efforts to win business from London-based LCH, the clearing arm of London Stock Exchange, just as worries over a potential no-deal Brexit are on the rise.

Eurex, which is owned by German stock exchange operator Deutsche Börse, highlighted
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